Zhongnongfa Seed Industry Group Co (SHSE:600313) Accounts Payable & Accrued Expense : ¥332 Mil (As of Mar. 2024)

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What is Zhongnongfa Seed Industry Group Co Accounts Payable & Accrued Expense?

Zhongnongfa Seed Industry Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥345 Mil) to Dec. 2023 (¥471 Mil) but then declined from Dec. 2023 (¥471 Mil) to Mar. 2024 (¥332 Mil).

Zhongnongfa Seed Industry Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥245 Mil) to Dec. 2022 (¥407 Mil) and increased from Dec. 2022 (¥407 Mil) to Dec. 2023 (¥471 Mil).

Zhongnongfa Seed Industry Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongnongfa Seed Industry Group Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zhongnongfa Seed Industry Group Co Accounts Payable & Accrued Expense Chart

Zhongnongfa Seed Industry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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235.69

219.36

245.21

406.67

471.01

Zhongnongfa Seed Industry Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															313.90	266.28	344.77	471.01	332.08

Zhongnongfa Seed Industry Group Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Zhongnongfa Seed Industry Group Co (SHSE:600313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhongnongfa Seed Industry Group Co Ltd (SHSE:600313) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 31, Minfeng Hutong, Room 318, Building 5, Xicheng District, Beijing, CHN, 100026

Website

http://www.znfzy.com

Zhongnongfa Seed Industry Group Co Ltd is engaged in the planting, processing, and distribution of agricultural produce. The Company also produces fertilizer and engages in agricultural product trading. It offers wheat, rice, corn, cotton, rape, sesame, sugar cane, and potato seeds; pesticides and fertilizers; and agricultural services. Geographically the activities are carried out through China.

Zhongnongfa Seed Industry Group Co (SHSE:600313) Headlines

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